Nonprofit Technology News Tech Tips

MIP Advanced by Abila is built especially for nonprofits and other organizations that use fund accounting. The package contains all the usual accounting tools such as General Ledger, Accounts Payable, Accounts Receivable and Bank Reconciliation.

In addition, it offers budgeting, payroll, human Resources, allocations and electronic requisitions. Plus, if your organization requires it the platform can support multi-currency and electronic funds transfer (for accounts payable).

MIP’s designers understand that fund accounting is more stringent so it has FASB and GASB reporting built in. Also, MIP has advanced audit reporting, fraud deterrence and alerting to help your organization stay on track through the audit process.

The system includes analytical tools and its dashboards are role-based dashboards, that is each team member has access to the data that is most critical to their job function.

Reporting is made easier with DrillPoint Reports which allows you to produce custom, enhanced financial reports. With Drillpoint you add formulas, graphs, and other more advanced Excel features to your financial statements.

Since MIP is cloud-based it is scaleable and can easily grow as your organization grows. Pricing is tiered, but no matter what level of service you choose your organization will get automatic software updates and backups; on-demand support with trained analysts; and secure, 24/7 Web-based access.

Pricing starts at $99/mo for the most basic level which includes all general accounting functions (G/L, A/P, Bank Rec).

Jennifer is a Wisconsin based writer. She has a special interest in technology. Her works have been published in the Milwaukee Journal Sentinel and online. Her business background has allowed her to work in various fields including; Construction, Accounting and most recently Audio Visual.